You can level all manner of labels at them – call them lazy, entitled, uninspired and a little bit too dreamy amongst so many other things, but millennials seem to be onto something in the way of lessons we can learn in productivity. Of course productivity in the true sense of the word is what I’m referring to here and not the old fashioned way of attributing the amount of time spent working to productivity – we’re talking about finding the best way of getting some or other job done to meet certain objectives.
How does this link in with family legal matter though? I mean sure, Bill Gates can be quoted as having said that he prefers to hire the laziest people to complete certain jobs, because the laziest person will find the easiest way of getting that job done, but there is a lesson which can be carried into all areas of our lives to be learned here. Yes, that includes the legal field, which is the main topic of focus today as we explore a case study of how the modern day (millennial) couple approaches its family legal matters.
Amalgamating proceedings from the commencement of marriage
Over in the likes of Germany where practicality always seems to trump everything else, the default status of a marriage is out of community of property. For many seemingly rare individuals who are seeking to get hitched in this day and age, this works out for the best because it means that they don’t have to involve legal experts to draw up things like prenuptial contracts and the likes, just so that they can continue enjoying the legal status they would otherwise have chosen by default, following the saying of their “I Dos”.
While in many other parts of the world the opposite is generally in practice (in community of property is the default status), there are different flavours of what is indeed the legal side of tying the knot. It’s no longer just a straight-forward matter of what’s yours being mine and what’s mine being yours, but rather a tailored legal arrangement of which a popular variation is that of the amalgamation of assets and subsequent proceedings with the commencement of the marriage. In other words, the what’s-yours-is-mine and vice-versa arrangement takes effect with regards to all the assets we accumulate as we move forward and doesn’t encompass all those assets which were accumulated coming into the marriage.
A generation ago this would probably have been frowned upon in that it is perceived to be a rather sceptical approach to going into a marriage (expecting failure), but realistically it’s only really a matter of practicality.
Additionally, millennials seem to have flipped the script on dealing with sore legal points such as divorce proceedings, electing to use the same legal service provider such as Mitchell & Crunk for both partners who have decided to part ways. Not only does this save a lot of time and money, but it also means that a clearer framework of how proceedings should cordially play out in the event of a divorce is mapped out from the very beginning.